If some conditions are met (stop loss, trailing stop, take profit...) we will close ours positions (sell/buy) to avoid having more loss or to ensure profit. In an automatic trading system, it is easy to set-up these rules.
But is there an automated strategy / rule to re-activate our strategies? For example:
- simulate our P&L if we have no risk management rule; and then reactivate ours positions if the simulated drawdown or run up reaches a certain value
- reactivate after two days
- reactivate at the end of the current month?
Or is this part of an "automated" trading in fact manually done?